DEG 1.21% $1.23 de grey mining limited

Ann: 6.8Moz Hemi Maiden Mineral Resource drives MGP to 9.0Moz, page-9

  1. 2,463 Posts.
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    Agree mate! And I totally didn't expect it before the end of the quarter - they started to become a little less precise in their promises around that.

    Great release.

    Hypothesis... I'm involved in another goldie that's in a slightly different situation (in Mali) but has some parallels.... They have ownership of an asset with proven gold, but nobody knows how much, but they keep making discoveries.

    They took the approach of a release of a Life of Mine plan in April, and then every couple of weeks we get a new bit of gold in the drill samples, and they say it will be worked into the updated LOM.

    I assume we will see similar here... hopefully Scoobie will come in the next couple of weeks with either details around what's there, or straight to the detail of the uplifted MRE here. I think it's a great way to build and maintain excitement and interest

    Either way, happy chappy

 
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